Tuesday, April 25, 2017

Social Health Insurance

In Germany, the modern German health care system can only be understood in light of its nation’s history starting with the industrialization of the country. From that time, mandatory health insurance on a national level was introduced in 1883. This also resulted into social conflicts that led up till the national-socialist period in 1933 to 1945. After the World War II, the country was divided into two separate German states and later reunited as one in 1990. Nevertheless, it is interesting to note that the German Health Care System is considered one of the most expensive in the world.

Health care system

By mere definition, private insurance is a method in which a person ensures himself and protects himself through a possible calamity or health epidemic. (Claxton 2002, p. 1-5) This is provided by an external insurance firm or body, that deals with hospitals and affiliated medical institutions. Private insurance has existed throughout the world side by side with government aided insurance coverage for many decades now. Yet private insurance is increasingly becoming an option taken by a lot of young professionals as it offers more flexibility in terms of its services.